Southwest Spokane Community Center

Analysis

Southwest Spokane Community Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Spokane Community Center reported income of $105k and spending of $129k, spending 123% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $126k to $105k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Spokane Community Center sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Crossed Bridges ($105k), Louisa Forward Foundation ($105k) and Wittmann School Education Foundation Inc ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $120k against liabilities of $3,050, net assets of $117k.